22nd Century Group, Inc. announced that on April 6, 2024, Hugh Kinsman, the company?s chief financial officer, provided notice that he is resigning from such position effective June 1, 2024. Mr. Kinsman?s departure is not due to a conflict or disagreement with the company or the company?s operations, policies or procedures. On April 6, 2024, the board of directors of the company approved the appointment of Daniel Otto as its chief financial officer, effective immediately.

Mr. Otto, age 34, has served as the company?s Corporate Controller since July 2022 where he was responsible for accounting, SEC external reporting, treasury, tax and other finance management functions. Prior to joining the Company, Mr. Otto served as a Senior Manager at Deloitte & Touche LLP providing audit and accounting advisory services to public companies, ranging from small to large cap issuers, for over ten years. Mr. Otto is also a certified public accountant.

Mr. Otto received his Master?s in Business Administration and B.A. in Accounting from Niagara University.